OFF MARKET

1 Bruce Street
Bell Park VIC 3215

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Floor area: 68m2
Land area: 714m2
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Property Details for 1 Bruce St, Bell Park

1 Bruce St, Bell Park is a 4 bedroom, 3 bathroom House with 3 parking spaces and was built in 2016. The property has a land size of 714m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
2016
Floor Size
68m2
Land Size
714m2
Local Government
Greater Geelong
Lot/Plan
76/LP28033

Last Listing description (June 2024)

Attention astute investors and savvy developers. Tucked at the end of a quiet cul-de-sac on 714m2 (approx.), this unique property presents an exceptional opportunity with endless possibilities and potential to realise high returns. Three units are on the one title, offering a combined income of $37,700 per annum. Secure a substantial land holding in a prime location for development now or in the future (STCA).

Unit one comprises two bedrooms, a main bathroom and a north-facing open-plan living/kitchen dining zone that is awash in natural light. Units two and three contain one bedroom, combined bathroom and laundry facilities, with open-plan living/kitchen/dining zones.

Superbly located next to Hume Reserve, where leisure space is abundant. Just a stone's throw from the Separation Street shopping precinct for your daily shopping needs. Superbly placed for schools with Bell Park North Primary School and North Geelong Secondary College within easy walking distance (both zoned). Nearby to North Geelong Train Station and close access to the Ring Road and the Princes Freeway.

- Apartment one boasts high ceilings and timber floors
- Generous windows ensure plenty of natural light
- Kitchens contain electric oven/cooktop
- All three apartments feature a fully fenced courtyard
- Air-conditioning units ensure comfort year-round
- Each apartment includes a single carport space
- Shared access to a communal storage shed

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Property History for 1 Bruce St, Bell Park, VIC 3215

A timeline of how this property has performed in the market
Last Sold
$665,000
23 Oct 2023
  • 23 Oct 2023
    Sold for $665,000
  • 20 Sep 2023
    Listed for Sale $679,000-$719,000
  • 01 Apr 2017
    Listed for Sale Price by Negotiation $330,000 - $350,000
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About Bell Park 3215

The size of Bell Park is approximately 2.8 square kilometres. It has 10 parks covering nearly 8.3% of total area. The population of Bell Park in 2011 was 5,286 people. By 2016 the population was 5,023 showing a population decline of 5.0% in the area during that time. The predominant age group in Bell Park is 20-29 years. Households in Bell Park are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bell Park work in a trades occupation. In 2011, 69.9% of the homes in Bell Park were owner-occupied compared with 66.5% in 2016.

Bell Park has 3,303 properties. Over the last 5 years, Houses in Bell Park have seen a 34.54% increase in median value, while Units have seen a 28.82% increase. As at 30 November 2024:

  • The median value for Houses in Bell Park is $639,973 while the median value for Units is $490,703.
  • Houses have a median rent of $470 while Units have a median rent of $430.
There are currently 16 properties listed for sale, and 10 properties listed for rent in Bell park on OnTheHouse. According to CoreLogic's data, 105 properties were sold in the past 12 months in Bell park.

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